Credit Suisse Downgrades Family Dollar Stores Inc. (FDO) to Neutral
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UPDATE: Jefferies Downgrades Family Dollar Stores Inc. (FDO) to Hold; No More Bids Expected
January 16, 2015 7:03 AM EST(Updated - January 16, 2015 7:04 AM EST)
(corrected from upgrade to downgrade) - Jefferies downgrades Family Dollar Stores Inc. (NYSE: FDO) from Buy to Hold with a price target of $76.00 (from $85.00) saying they expect no more bids.
Analyst Daniel Binder commented, "With its... More
Dollar General (DG) Provides Update on FTC Review (FDO) (DLTR)
January 15, 2015 8:03 AM ESTDollar General Corporation (NYSE: DG) today provided an update on the status of its discussions with the Federal Trade Commission (FTC) regarding its proposed acquisition of Family Dollar Stores, Inc. (NYSE: FDO).
FTC Review of Dollar Generals Proposed Acquisition of Family Dollar
As previously disclosed, since the launch of its tender offer to acquire all outstanding shares of Family Dollar, Dollar General has been actively engaged with the FTC. The Company has provided the agency with tens of thousands of documents and has participated in... More
